In the early days, the only way to pick up a new iPhone is getting the iPhone. Today, with the release of the iPhone 12, you have four new options in addition to three previous options. That's a total of seven new iPhones fresh off the assembly line. This brings us to the question: What is the best way to pay for them and how can you get that price cheaper?

https://youtu.be/REIlmhzbUVo

How to Pay

Let's start off with the two payment options.

Buy Now

The most obvious being, just pay off your new phone. If you have the money pay in full and get it out of the way.

Lease

If paying in full is not an option for you, you can also lease your phone by making interest free monthly payments over the course of two years. You can do this through either Apple or your phone carrier.

Upgrade Options

Now that you have an idea of a payment method it's time to find the right device for you that fits your budget.

A New Phone

With the release of the iPhone 12, four new iPhones have been added to the current iPhone product line. Your current choices are:

* iPhone SE (2nd Generation): $399* iPhone XR: $499* iPhone 11: $599* iPhone 12 Mini: $699* iPhone 12: $799* iPhone 12 Pro: $999* iPhone 12 Pro Max: $1099

All of these iPhones are fantastic options and you really can't go wrong with any of them. Just find the one that best fits your needs and budget. Now I'm not going to go in-depth into each phone's features and differences and which one you should get. Instead, check out this post of reviews from other YouTubers.

Apple.com: iPhone

Trade-In

If you looking to get a little bit subtracted from the price of your new iPhone, try trading in your old one. Currently, you can trade in anything from an iPhone SE 1st Gen for $30 all the way up to $500 for an iPhone 11 Pro Max. Just remember these prices are only estimates. The real value will be based on the quality of the phone. Is the phone in good condition? Is the screen broken? Are their side scuffs? None the less, it's a great option if you have no other use for your old phone.

Apple Trade IN

iPhone Upgrade Program

If you have the money and always want the newest iPhone consider the iPhone Upgrade Program from Apple. Essentially you lease your phone for 12 months. After the 12 months, you have the option to trade in your current phone and pick up a new one, 12 months later you repeat that cycle. If you choose not to upgrade after 12 months you can continue to make payments for up to 24 months. After that the iPhone is yours.

Unlike just leasing the phone, Apple Care is included in the monthly price giving you discounted repairs. For instance,